How it Works
Easy to set up, integrate and use:
Easy
setup
From initial kick-off to supplier onboarding, from system integration to training, we get you up and running quickly, securely and seamlessly — ensuring no detail is overlooked. Our test payment runs are your assurance you’re ready to go.
Payment
flexibility
Unlike other AP automation solutions, we process all payment types – virtual card, ACH and check. Virtual cards are highly secure, single-use digital credit cards issued for the exact invoice amount and expire after use.
Integrate with your existing ERP
Finrails AP can integrate with over 400+ accounting systems and currently has strategic integration partnerships with many of the top ERPs in the industry. Plus, we work with your vendors to ensure smooth enrollment and ongoing management.
Real-time visibility
The Finrails dashboard gives you visibility into – and control over – all your payments, all in one place, all on one platform.
Cash flow benefits
Accounts payable automation can improve your company’s cash flow management by reducing the time it takes to process invoices and make payments. This can free up cash that can be used for other purposes, such as investing in new products or expanding your business.
Fraud prevention
Finrails AP produces a file listing check number, dates, payee name, and amounts of all checks issued within a period for Positive Pay integration and/or upload. When the payee attempts to cash or deposit the check, your bank has a record and can check it against Positive Pay information submitted and is able to notify the payer of any discrepancies.
Ongoing support
Your dedicated, ongoing support team includes:
An Implementation team that sets up the system, API, and provides platform training
A Relationship Manager who manages day-to-day operations with you and your suppliers
Customer Success Managers who help define strategic development
Customer Care Reps who answer all questions via phone or email